Rent for condominium-type apartments down in June
According to Tokyo Kantei, the average monthly rent for a condominium-type apartment in greater Tokyo for the month of June has fallen compared to the previous month.
Average Rent:
- Tokyo City: 2960 Yen/sqm, down 0.5%
- Kanagawa: 2027 Yen/sqm, down 0.6%
- Saitama: 1620 Yen/sqm, down 1.6%
- Chiba: 1593 Yen/sqm, down 0.2%
Tokyo's most expensive rental apartments
The Real Estate Economic Institute has released a report on the luxury rental apartment market in Tokyo's 23 Wards. Luxury apartments were defined as having a monthly rent of 300,000 JPY or higher. The findings are translated below:Read more